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Website. credit-suisse.com. Credit Suisse Group AG (French pronunciation: [kʁe.di sɥis], lit. 'Swiss Credit') is a global investment bank and financial services firm founded and based in Switzerland as a standalone firm but now a subsidiary of UBS.
Suisse secrets. Suisse Secrets was a February 2022 leak of details of more than CHF 100 billion (roughly US$108.5bn, €95.5bn or £80bn) held in nominee accounts linked to over 30,000 clients of Credit Suisse, [1] the largest ever leak from a major Swiss bank. It revealed that autocrats, oligarchs, war criminals, human traffickers and drug ...
The final deal to purchase Credit Suisse for CHF 3 billion ($3.2 billion) was accepted by the board of Credit Suisse prior to the opening of Asian financial markets on Monday morning. The acquisition was an all-stock deal, with Credit Suisse shareholders receiving 1 UBS share per 22.48 Credit Suisse shares, equivalent to CHF 0.76 per share. [1 ...
Steve Kroft, host of Banking: A Crack In the Swiss Vault In November 2013, the Zürcher Kantonalbank was classified as a systemically important bank in Switzerland by order of the Swiss National Bank (SNB), alongside UBS, Credit Suisse, Raiffeisen (Switzerland) and PostFinance, and must meet stricter capital requirements and prepare contingency plans for times of crisis. In another step toward ...
Swiss-American Chamber of Commerce (Financial Service Chapter Board), University of Zurich (Advisory Board of the Department of Banking and Finance) Ulrich Körner (born October 25, 1962) is a German-Swiss businessman. In March 2021, he was named CEO Asset Management of Credit Suisse until July 2022, when he was appointed CEO of Credit Suisse AG.
Born. 1973 (age 50–51) Cairo, Egypt. Education. Yale University (1994) Known for. The only American to serve jail time as a result of the financial crisis of 2007–2008. Kareem Serageldin (/ ˈsɛrəɡɛldɪn /) (born in 1973) is a former executive at Credit Suisse. He is notable for being the only banker in the United States to be sentenced ...
A contingent convertible bond is defined by two elements: a trigger activation and a loss-absorption mechanism. The trigger activation is the pre-specified event that causes the loss-absorption process. It can be either based on a mechanical rule or on supervisors' discretion. The loss-absorption mechanism consists either of conversion into a ...
Markus Diethelm. Born. (1957-10-22) 22 October 1957 (age 66) Nationality. Swiss. Alma mater. University of Zurich Stanford University. Markus U. Diethelm (born 22 October 1957) is currently the Group General Counsel of Credit Suisse AG and member of the Executive Board, holding this position since 2022. Prior to that, he held the same position ...